This $599 iPhone just sold for nearly $40000 - Macworld

We’re utilized to Apple’s products holding their worth for longer than different devices, but it’s not often that 1 appreciates successful worth by 5,000 percent. But that’s precisely what happened here: An unopened archetypal iPhone from 2007 sold astatine LCG Auctions for a chill $39,339.60, astir 50 times its archetypal $599 MSRP.

For those who don’t remember, Apple’s archetypal iPhone had a 3.5-inch display, 8GB of storage, and 2.75G EDGE networking. Assuming this exemplary works, it would beryllium nigh unusable arsenic has nary App Store and can’t beryllium updated beyond iOS 3.

However, arsenic a portion of Apple past and nostalgia, it’s priceless. The iPhone was unveiled by Steve Jobs astatine Macworld San Francisco successful January 2007, and it instantly changed the landscape. Where erstwhile smartphones had tiny keyboards and adjacent smaller screens, the iPhone introduced the satellite to multitouch and auto-correct.

The astir $40,000 last bid is much than the $35,000 someone paid for a sealed iPhone backmost successful August. For that price, you could bargain 20 iPhone 14 Pro Maxes and inactive person a fewer 1000 near implicit for cases and an Apple Watch Ultra.

The archetypal iPhone went connected merchantability successful June 2007 and was replaced a twelvemonth aboriginal by the iPhone 3G, which included faster mobile connectivity. Apple has released a caller iPhone exemplary each twelvemonth since, with the iPhone 14 arriving successful September. 

Author: Michael Simon, Executive Editor